* Adds 62,000 vs analysts view for loss of 83,000
* Q1 Shr $0.57 vs Street view $0.57
* Q1 Rev $31.2 bln vs street view $31.26 bln
* Shares rise 0.8 pct
(Adds analyst estimates, share price update)
NEW YORK, April 20 AT&T Inc's first-quarter
subscriber growth (T.N) weakened as it lost exclusive U.S.
rights to sell the Apple Inc (AAPL.O) iPhone but the impact was
not as bad as Wall St feared.
Its addition of 62,000 net contract customers in the
quarter was better than the average expectation for a loss of
83,000 customers from seven analysts polled by Reuters.
The reduction from 400,000 additions in the previous
quarter reflected the Verizon Wireless iPhone launch in
AT&T earnings rose to $3.4 billion, or 57 cents a share,
matching the average Wall Street estimate, according to Thomson
Reuters I/B/E/S. A year earlier it posted a profit of $2.5
billion, or 41 cents per share.
Revenue rose 2.3 percent to $31.25 billion compared with
analyst expectations for $31.26 billion, according to Thomson
AT&T shares were up 25 cents at $30.56 in premarket
Its results came the day before the scheduled report of
Verizon Communications (VZ.N), which owns Verizon Wireless
along with Vodafone Group Plc (VOD.L). The Verizon Wireless
iPhone hit stores Feb 10.
(Reporting by Sinead Carew; editing by Derek Caney)